Dáil Éireann Debate, Tuesday - 16 June 2015
241. Deputy Mattie McGrath asked the Minister for Finance his views on correspondence (details supplied) regarding outsourcing by a bank, and its implications for customers and staff; and if he will make a statement on the matter. [23156/15]
View answer262. Deputy Finian McGrath asked the Minister for Finance his views on correspondence (details supplied) regarding outsourcing to a third party service provider by an Irish bank; and if he will make a statement on the matter. [23656/15]
View answer275. Deputy Thomas P. Broughan asked the Minister for Finance as a shareholder, if he will report on Allied Irish Bank’s proposed plans to outsource its application and development management teams within its information and technology division; the number of redundancies this would result in; the timeframe planned for this proposal; and if he will make a statement on the matter. [23896/15]
View answer277. Deputy Joan Collins asked the Minister for Finance his views on a matter (details supplied) regarding Allied Irish Banks; if he will, as representative of the bank's principal shareholder, request the bank's senior management not to proceed with this plan; and if he will make a statement on the matter. [23930/15]
View answerI propose to take Questions Nos. 241, 262, 275 and 277 together.
Under the Relationship Frameworks, the State does not intervene in the day to day operations of the banks in which it holds investments or their management decisions regarding commercial matters and hence any discussions around matters such as outsourcing are a matter for the bank, the relevant staff and their union representatives. Notwithstanding this position, my officials do take an active interest in how the bank's cost base evolves to ensure that the State's interests as shareholder are protected and to ensure that the Government's remuneration policy is enforced.
The bank has previously indicated that as part of its restructuring plan to reduce costs and increase efficiencies, outsourcing of certain functions would be considered in consultation with unions and affected staff. I have also been informed by the bank that there have been no compulsory redundancies as a result of its recent outsourcing activities. Any staff who transfer under outsourcing arrangements transfer under the TUPE regulations.
